Hyundai a bear on '95 sales

Only 14.9 million light vehicles will be sold in the U.S. during 1995, predicts N. Douglas Mazza, executive vice president of Hyundai Motor America. He says the rising prices of cars and light trucks is pushing more buyers into used vehicles, and younger buyers are foregoing a new car, opting instead to spend their dollars upgrading their computer systems or on other big-ticket items.

Only 14.9 million light vehicles will be sold in the U.S. during 1995, predicts N. Douglas Mazza, executive vice president of Hyundai Motor America. He says the rising prices of cars and light trucks is pushing more buyers into used vehicles, and younger buyers are foregoing a new car, opting instead to spend their dollars upgrading their computer systems or on other big-ticket items.